Skip to content
The DI Wire
Click Here to Subscribe to Our Free Daily News Updates

Former Cetera Advisors with $280 Million in Assets Joins LPL Financial

Former Cetera Advisors with $280 Million in Assets Joins LPL Financial. Adviser, broker, broker-dealer, financial services, investment adviser, RIA

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Legacy Wealth Advisors Inc., has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.

Legacy Wealth Advisors reported having served approximately $280 million in advisory, brokerage and retirement plan assets, and joins LPL from Cetera.

Based in Town and Country, Missouri, the business is led by founder and president Kevin Loyd, who has 22 years in the financial services industry after beginning as a full-time intern while attending the University of Missouri – Saint Louis. The team includes fellow financial advisors Calvin Keth and Jeremy Spellmeyer, and together LPL says they focus heavily on helping their clients with retirement planning and wealth distribution.

“We make it a priority to come up with an entire roadmap for our clients on how and when to take the money out in the most tax-efficient way,” said Loyd. “We cherish the relationships we’ve built with clients over the years. It’s so rewarding to not only sit down with them and help them solve problems but to also hear stories about their kids and grandkids. By getting to know them on a more personal level, we can develop personalized plans to maximize their goals and help ensure a meaningful financial legacy.”

LPL supports approximately 22,000 financial advisors, 1,100 institution-based investment programs and 550 independent registered investment advisor firms nationwide.

Click here to visit The DI Wire directory page.